An academic department is measured in many ways, from the validity and innovation of its research to its ability to rigorously impart knowledge that is relevant to the workplace. The Department of Accounting in Covenant University is by every measure one of the finest in the nation. The Department offers an impressive range of courses to provide pragmatic, professional and theoretical training for careers in many different industries, teaching field and public sector.

The Department’s academic programmes are rich in depth and breadth. This flexibility coupled with outstanding academically and professionally qualified faculty members, made the accounting programme the most popular programme offered in the College of Business & Social Sciences in Covenant University.

More students in the College of Business and Social Sciences major in accounting than in any other disciplines. There are statistics to support this claims. From the commencement of the University in 21st October in the 2002/2003 academic session and even the current academic session (2005/2006), the Department has had the largest admission applications and students population. The outstanding qualities of the Department of Accounting is well known to various communities including corporations and organizations who have discovered these impressive qualities through our innovative students industrial work experience scheme (SIWES) with industries and accounting firms, and very unique accounting laboratory, for accounting practical and software applications, the impressive depth and breadth of subject matter and academic leadership in the Department.

Some of our students pass their professional examinations like the ICAN-ATS, ICAN Professional, ACCA etc while still in school. Some of them have actually won prizes in the Institute of Chartered Accountants of Nigeria examinations at the ATS and professional levels in 2002/2003, 2003/2004 and 2005/2006 respectively.

The unique Accounting Laboratory which has been equipped with over 100 units of personal computers, modern accounting software and statistical software packages have ensured that our graduates will continue to be at a competitive and professional cutting edge. This unique arrangement has led to a healthy and robust ‘marriage’ between modern information technology and accounting as it is presently the practice in USA, UK, Canada etc. Students are exposed to practical side of the use of the various accounting and statistical research packages in the Department of Accounting Laboratory.

The Department of Accounting began as a sub-unit in the Department of Business Studies on 21 October, 2002 with only One hundred and thirty six (136) students and five (5) academic staff. All the academic staff are equally professionally qualified with one professor of Accounting who is a Chartered accountant.. The staff position has been improving since then. Students are also placed on compulsory industrial work experience in accounting firms, consultancy firms, banks, insurance companies, manufacturing firms and government establishments. The students’ population, as at 2005/2006 academic year rose to seven hundred and sixty six (766). Similarly, the academic staff rose to thirty (30). Thirteen (13) of these resource persons are Associate Lecturers who are of the rank of senior lecturers and above. These senior academic staff are responsible for the Postgraduate programmes in the Department. The Department services several other programmes in the Colleges of Business and the College of Science and Technology.

The Department of Accounting has a range of courses which provides a solid understanding of the fundamental techniques and practices of modern accounting. Our curriculum reflects many years of teaching experience and is continuously updated to incorporate the latest development in accounting and important innovations in academic research.

The Department now houses three major specialized programmes. The available options at 3rd and 4th levels are:

i) B.Sc. Accounting
ii) B.Sc Taxation & Public Sector Accounting and
iii) B.Sc. Entrepreneurship and Financial Studies.

The B.Sc. Accounting major provides an excellent background for a variety of career paths in academics, private practice, financial consultancy, industries and a strong foundation for the other two programmes of the Department. The B.Sc. Taxation & Public Sector Accounting is a recent addition. This programme provides a more specialized area and emphasis in taxation and government accounting which is totally relevant to the public service. This programme takes care of the increasing demand for qualified and specialized accountants in the expanding public sector. The B.Sc. Entrepreneurship and Financial Studies programme is designed for students who plan to take specialized consulting and self-employment positions with a bias in financial studies after graduation.

The Department also offers masters and doctorate degrees in Accounting. Many of the academic staff of the Department are either undergoing one professional examination or the other. In particular, those staff without PhD degrees are currently on the University Sponsored Internal Staff Development Programmes. This arrangement ensures that the Department will continue to enjoy the presence of robust academics.

It is now my pleasure to therefore invite you to learn more about the Department of Accounting. You will find us to be a Department that achieves excellence while maintaining a culture of clear mission, focus, hardwork, dedication, objectivity and cutting-edge researches and professionalism. You will also find us to be a Department that develops innovative concepts in an expedient and successful way and with sound IT compliance. In addition to this, you will also find us to be a Department with the ability to adapt quickly to today’s changes in the local and international micro and macro environments. Welcome to the Department of Accounting! Covenant University!! Ota, Ogun State, Nigeria